Monday, March 11, 2013

Why carriers deserve (better) RFP feedback




 
The number one complaint from carriers, who participated in a transport RFP, is that they do not get much feedback or any feedback at all from the party who issued the RFP. Carriers that are invited to participate in RFP project often spend a lot of time and effort on understanding the requirements and creating a professional response. It is disappointing to most when all they get is a one-line email in which they are thanked for their efforts and simply told they did not make the cut. Carriers deserve better. It is in the best interest of both all parties in an RFP (shipper and carriers) to have a good feedback loop, we’ll explain why.
 



It is good business practice


A RFP project is usually an intensive activity which has taken many weeks to prepare by the shipper. The invited carriers in general get two to three weeks to create responses. They bring in a tender team that puts in a lot of effort to create a competitive proposal. It is just good business practice to provide the professional partner you are looking for with professional feedback. Every RFP project should include as a standard an effort from the shipper in which each individual participating carrier receives detailed feedback on why he did or did not win the business.





Good feedback brings improvements


Carriers that are invited to a RFP project are invited for a reason; they might be potential partners for the future. When responses are received from carriers they should get details on where they were strong and weak. The more details they get the better they can study their offering and improve on segments where they are weak. This could mean that the next time such a carrier is invited he has improved his services or pricing and is an interesting and competitive party.





You might need the carrier a next time


RFP’s are a reoccurring exercise for which most of the time you invite the same “usual suspects”. Invited participants that have had a good experience with a company’s RFP, will be glad to give it another shot the next time they are invited. If you are professional, they will go the extra mile for you. When carriers have a feeling that they do not stand a chance in a RFP or feel that they are not taken seriously, they will either refuse to participate, or hand in an uncompetitive  response.

 
What should good feedback include?

For each bid step in the RFP project you are performing an analysis anyway, you might as well use this analysis as a basis to give feedback to the carriers you invited.


Both the "winners and losers" of each bid step should receive detailed feedback on their responses. Feedback should consist of an anonymized and indexed comparison against the other invited participants. The service driven components (such as the RFI) give the participants a good understanding of their strengths and weaknesses. If possible you should also give them a comparison against your requirements list. This shows them not only how they stack up against the competition, but also why they are or are not a good partner for you.

On the pricing side giving feedback is a more sensitive issue of course. But also here an anonymized and indexed comparison should be possible. Use graphs to illustrate where a carrier was strong or weak. This does not have to mean exact percentages up or down should be shown.

Giving professional feedback on a transport RFP is often highly appreciated by participants, even if they do not win any business. The insights they get from it help them understand and improve weaknesses in their offering. Furthermore it will strengthen the potential partner base for any future RFP.

 









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